Bloomberg News

VEB Opening Book Feb. 15-17 on $500 Million of Domestic Bonds

February 15, 2012

Feb. 15 (Bloomberg) -- VEB, Russia’s state development bank, will start accepting bids on $500 million of three-year domestic bonds from today to Feb. 17, according to a regulatory statement.

The notes are due to be placed Feb. 21, the statement said. Coupon guidance on the bonds, which have a one-year put option, is 3.9-4.15 percent, Renaissance Capital, one of the organizers, said Jan. 31.

--Editor: Alex Nicholson

To contact the reporter on this story: Artyom Danielyan in Moscow at adanielyan@bloomberg.net

To contact the editor responsible for this story: Gavin Serkin at gserkin@bloomberg.net


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